South Africa Business Confidence  Forecast


South Africa Business Confidence
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Business Confidence in South Africa is expected to be 40.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Africa to stand at 39.57 in 12 months time. In the long-term, the South Africa Business Confidence is projected to trend around 45.00 in 2020, according to our econometric models.


South Africa Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 34 40 36.54 37.79 39.57 45
Manufacturing PMI 48.6 54.5 54.7 54.7 50.77 55.9
Industrial Production 2.2 1.9 0.91 1.01 1.05 1
Industrial Production Mom 0.7 -0.2 0.14 0.13 0.12 0.5
Capacity Utilization 81.3 81.9 81.25 81.3 81.35 81.5
Changes in Inventories -5527 2467 2002 2395 3648 5244
Bankruptcies 194 186 194 201 206 226
Total Vehicle Sales 49754 49535 49411 49020 48600 45782
Car Registrations 32821 32695 32379 31798 31209 27516
Leading Economic Index 1.2 0.4 0.1 0.1 0.11 1
Internet Speed 6737 6768 6705 6625 6537 5741
IP Addresses 4274668 4233225 4261257 4237882 4236845 4153816
Steel Production 566 585 608 626 640 683
Mining Production 5.2 0.5 0.42 0.1 0 1.2
Coincident Index 95.1 94.68 94.98 95.29 95.58 97.85
Competitiveness Index 4.32 4.42 4.4 4.4 4.4 4.53
Competitiveness Rank 61 48 50 50 50 45
Composite Pmi 48.8 49.23 49.83 49.87 49.87 49.87
Ease of Doing Business 82 72 67 64 62 69
Electricity Production 21786 21350 21009 20802 20609 19338
Corruption Index 45 45 46 46 46 48
Corruption Rank 64 60 62 62 62 57